1844 S MONTEREY Drive Apache Junction, AZ $ 527,000
1844 S MONTEREY Drive
$ 527,000
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1844 S MONTEREY Drive

Apache Junction, AZ, 85120
$ 527,000
Baths0.0

Monthly Estimate*

$ 3,245

1844 S MONTEREY Drive, Apache Junction, AZ 85120 - Image 1
1844 S MONTEREY Drive, Apache Junction, AZ 85120 - Image 2
Studio

Multi-Family Home for sale in Apache Junction, AZ

for $527,000. This home was built in 1984.

Investment opportunity in Apache Junction! This fourplex features four 2-bedroom, 1-bathroom units situated on a spacious lot. While the property requires some TLC, it presents a fantastic chance to add value and generate strong rental income in a growing area. Investors & Owner Occupants Invited. All Facts and Figures Approximate, Buyer to Verify To Their Satisfaction

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Multi-Family Active

Price

$ 527,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,940

Style

Multiple Dwellings

Year Built

1984

Town/City

Apache Junction

County/Region

Pinal

MLS | Web ID

7005702

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Electric
Roof Composition
Zoning sfr
Construction Materials Wood Siding Wood Frame
Year Built 1984
Electric SRP
Township 01N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 46560.0
Community Features No Pool
County Pinal
Net Operating Income 46560.0
Operating Expense 1940.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name SUPERSTITION VILLA
Garage Y/N N
Status Active
High School Apache Junction High School
City Apache Junction
Disclosures None
High School District Apache Junction Unified District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1940.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Apache Junction Unified District
Tax Lot 53
Cap Rate 8.83
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Off Street >1 Space Per Unit On Street
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 9941 sq feet
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1844
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* Excluded Features
List By
Erickson Realty Group L.L.C.

Broker

wally@ericksonrealtygroup.com

Email

Affordability Calculator

$3,406
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,245
Monthly Property Taxes
$162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4334345 Elementary School
4334340 Middle School
Apache Junction High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2026$527,000 Listed Price

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1844 S MONTEREY Drive, Apache Junction, AZ, 85120 is a Multi-Family Home for sale at $527,000. 1844 S MONTEREY Drive is a studio with 0.0 baths and was built in 1984. The property's zip code is 85120 which is in Apache Junction, AZ